Authorized Loan definition

Authorized Loan shall have the meaning set forth in Section 13.1(b).
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Authorized Loan means a loan from a Financial Institution to the First Nation, or the Trustee as borrower on behalf of the First Nation, and may include the Distribution to Members and Settlement Costs;
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Authorized Loan means a loan for one or more Band Development Purposes made by a Financial Institution or the First Nations Finance Authority, as applicable, to MLCN as borrower, the proceeds of which are to be deposited into the Revenue Account, and that is approved by Council and the Advisory Committee in accordance with Article 10;
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Examples of Authorized Loan in a sentence

  • The parties acknowledge that the interest rate applicable under the UBS Loan (or other Authorized Loan) shall affect the amount of Base Rent payable by Tenant hereunder.

  • Lender shall accept emails that appear to be initiated from Authorized Loan Administrators.

  • Landlord shall not, without Tenant's express prior written consent, default under any Authorized Loan, or any loan documents relating to such Authorized Loan, where such default is not caused, directly or indirectly by a breach of any of Tenant's obligations under this Lease, under the Pledge Agreement securing the UBS Loan or under any documents relating to any Authorized Loan.

  • The first component creates incentives that favor shifting visas, and foreign employment, towards firms where such employment is most productive.

  • Tenant shall have the right, by written notice to UBS (or the holder of any Authorized Loan), SGA and Landlord, to designate the interest period to be selected from time to time by SGA pursuant to the terms of the UBS Note (or other Authorized Loan).

  • Landlord shall promptly pay over to UBS or the holder of an Authorized Loan, as the case may be, any award (not exceeding, however, the Senior Funded Amount) paid to Landlord hereunder, and Tenant shall be entitled to establish reasonable security arrangements to ensure the prompt payment of such amounts to such holder.

  • In lieu of payment of the Purchase Price, Tenant shall have the right (1) to assume the UBS Loan or any other Authorized Loan or (2) to cause Landlord to assign the Authorized Loan to a third party acceptable to the holder of such Authorized Loan (which third party shall expressly assume such obligations in writing), provided that Landlord is released from all obligations under the Authorized Loan.

  • Tenant shall be entitled to a credit against the Purchase Price equal to the principal balance(s) of any Authorized Loan and/or Fee Mortgage existing immediately prior to the closing under this Purchase Option if such Authorized Loan and/or Fee Mortgage are not fully repaid and all documents reflecting the same are not cancelled and removed from the public records on or prior to the closing under this Purchase Option.

  • Authorized Loan" shall have the meaning set forth in Section 13.1(b).

  • LIBOR Rate" shall mean the LIBOR interest rate as defined in the UBS Note, or a subsequent Authorized Loan.


More Definitions of Authorized Loan

Authorized Loan means a loan from a Financial Institution as lender to LRRCN, as borrower, that is approved in accordance with the provisions of the Sovereign Wealth Fund and the loan proceeds are deposited to the Revenue Account;
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Authorized Loan means a loan, mortgage, pledge, or any other charge made by a Financial Institution to the WRFN as xxxxxxxx, the proceeds of which are to be deposited to the WRFN Community Development Bank Account, and that is approved by the Council in accordance with Article 20 of the Trust Agreement;
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Related to Authorized Loan

  • Commercial loan means a loan that is not made primarily for

  • Lender PMI Mortgage Loan Certain Mortgage Loans as to which the lender (rather than the borrower) acquires the Primary Insurance Policy and charges the related borrower an interest premium.

  • Type 1 Mortgage Loan Any of the Mortgage Loans identified in Exhibit F-1 hereto, as such Exhibit may be amended from time to time in connection with a substitution pursuant to Sections 2.02 or 2.06, serviced under the WFHM Servicing Agreement and having a Mid-Month Receipt Period with respect to all types of Unscheduled Principal Receipts.

  • CD Loan means a Committed Loan which bears interest at a CD Rate pursuant to the applicable Notice of Committed Borrowing or Notice of Interest Rate Election.

  • RFR Loan means a Loan that bears interest at a rate based on the Adjusted Daily Simple SOFR.

  • Pool 1 Mortgage Loans Any Mortgage Loan in Pool 1.

  • EMC Mortgage Loans Those Mortgage Loans serviced by the Company pursuant to the terms of this Agreement.

  • Equipment Loan means middle market equipment loans that consist of loans made to obligors in the United States of America primarily secured by new or used transportation equipment and managed by the Equipment Finance reporting category of the Commercial Lending and Leasing division of GE Capital.

  • Wet-Ink Mortgage Loan means a Mortgage Loan which Seller is selling to Buyer simultaneously with the origination thereof.

  • SOFR Loan means a Loan that bears interest at a rate based on Adjusted Term SOFR, other than pursuant to clause (c) of the definition of “Base Rate”.

  • Whole Loan Custodial Account means the “Whole Loan Custodial Account” established for the Mortgage Loan pursuant to the Lead Securitization Servicing Agreement.

  • Buydown Mortgage Loan Any Mortgage Loan as to which a specified amount of interest is paid out of related Buydown Funds in accordance with a related buydown agreement.

  • Companion Loan As defined in the Introductory Statement.

  • Whole Loan As defined in the Introductory Statement.

  • Supplemental Loan means any loan that is subordinate to the Senior Indebtedness.

  • FHA Loan means a Mortgage Loan which is the subject of an FHA Mortgage Insurance Contract.

  • LPMI Loan A Mortgage Loan with a LPMI Policy.

  • Mortgage Loan shall have the meaning assigned to such term in the recitals.

  • PPP Loan means the loan in principal amount of $673,184 issued to the Company by the PPP Lender pursuant to the promissory note dated April 20, 2020.

  • PMI Advance As defined in the related Servicing Agreement, if applicable.

  • Group 1 Mortgage Loan Each Mortgage Loan listed on Exhibit D-1 hereto.

  • VA Loan means a Mortgage Loan which is subject of a VA Loan Guaranty Agreement as evidenced by a loan guaranty certificate, or a Mortgage Loan which is a vendor loan sold by the VA.

  • Outstanding Mortgage Loan As of any Due Date, a Mortgage Loan with a Stated Principal Balance greater than zero which was not the subject of a Principal Prepayment in Full prior to such Due Date and which did not become a Liquidated Mortgage Loan prior to such Due Date.

  • Subordinated Loan has the meaning set forth in Section 1.2(a) of the Agreement.

  • Group I Mortgage Loan A Mortgage Loan assigned to Loan Group I. All Group I Mortgage Loans have a principal balance at origination that conforms to Xxxxxxx Mac loan limits.

  • Class P Mortgage Loan Any of the Class I-P, Class II-P or Class III-P Mortgage Loans.